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Search Results 0 to 49 of about 53 (some duplicates have been removed)
role. john coffee, a law professor at columbia university, joins us via skype this morning with his legal insights. good morning and good to have you on the show. > > good morning to you. pleasure to be here. > > is it difficult for investors to get these cases to court? > > it's not difficult in the context of an ipo. there's probably no other legal context where the balance or the advantage is tipped as sharply in the favor of the plaintiffs as in the world of ipos and other registered securities offerings. > > i spoke with one attorney going to bat for clients against facebook. he says the case is stuck in procedure. is that the norm? > > the norm is that there's an awful lot of organization in the case. a case doesn't get started right away until one team of plaintiffs gets control of the litigation. then the next thing that will happen is that the defendants will make a motion to dismiss. that's the really critical motion, because typically if the defendants cannot get the action dismissed at the outset, then we're likely to get into settlement negotiations, which may take a ye
responsible foremaning the two vessels has not exercised the care required of them by law to ensure the safety of the vessel that they are navigating as well as the people on board their vessels. >> the hong kong government has set up a special panel to speed up the investigation. >>> the philippines and vietnam have appealed to the international community for a peaceful and legal resolution to the south china sea issue. china wasn't mentioned by name in their speeches to the u.n. general assembly. even so, both countries were clearly calling for support as they resist thepreading influence of asia's rising power. the secretary of foreign affairs rosario urged the countries to quickly agree on a legally binding code of conduct to ease tensions. >> to address this challenge and arrive at a resolution, we must rely on the rule of law and not the force of arms. we must rely on the body of rules that state that disputes must be resolved peacefully. >> vietnam's deputy minister of foreign affairs resisted china's demands that the disputes be resolved through bilateral negotiations and called on the
is also facing numerous challengeses. the law states the federal government will only recognize traditional marriages, meaning no federal benefits even where same-sex marriage is legal. >> same-sex couples are denied hundreds of different rights and benefits that are provided to married different sex couples under federal law. >> reporter: on the docket as well, whether to curtail parts of the historic voting rights act of 1965. it mandates federal oversight for states with a history of voting discrimination, when changing any rules for elections. challengers say the law is outdated and unnecessary. a big lineup of cases that could change the landscape of civil rights in america. fr frances coe, nbc news. >>> and now here's a look at some other stories making news early today in america. in maine, a group of strangers spring into action when an elderly woman drove her car into the portland harbor. the band of good samaritans pulled the 84-year-old out of her car moments before it sank. the woman is in stable condition. some of the rescuers had to be treated for hypothermia. >>>
's assume a new set of laws is passed. as quickly as they are passed, election lawyers figure out how to get around them. it is remarkable. it's constantly evolve issue. would i support moving the money back to the candidates. absolutely. i think there has to be a mechanism i worked for two millionaire politicians. i believe there should be a mechanism for rank and file. to be able to raise larger amounts. but i believe putting the money back in the candidate account create more accountability and much more integrity driven process to frame an election. me personally yes. and, you know, does my firm make money off the kinds of campaign. absolutely. from my perspective i think it's better for the country if we went back to that model. >> can i answer? >> i don't know that i agree with the assumption of the question. if you look at what -- [inaudible] look at what super pac actually do and what the advertising does, everyone in here age lot of people in the political times remember the question in political times 101 should the elected representative do what he believes is right or what the co
about what treatments are given. that's explicitly prohibited in the law. but let's go back to what governor romney indicated that under his plan he would be able to cover people with preexisting conditions. well actually, governor, that isn't what your plan does. what your plan does is to duplicate what's already the law which says if you are out of health insurance for three months than you can end up getting continuous coverage and an insurance company can't deny you if it's been under 90 days. but that's already the law. and that doesn't help the millions of people out there with preexisting conditions there's a why reason governor romney set up the plan that he did in massachusetts. it wasn't a government takeover of health care, it was the largest expansion of private insurance. but what it does say is that insurers, you've got to take everybody. now, that also means that you've got more customers. but when governor romney says he'll replace it with something but can't detail how it will be, in fact, replaced and the reason he set up the system he did in massachusetts was beca
.s. laws. it is likely to become fodder for the u.s. presidential campaign, and there was a big piece -- >> on "60 minutes" and "wall street journal" and chavez won. >> apparently this is just a rumor, the bls the entire of bureau labor statistics from here was flown down to venezuela to monitor the election. >> the chicago guys were thrown down. >> ba-dum-boom. let's get to the story, the venezuelan president hugo chavez as joe was just saying -- >> 54-45. >> comfortable election victory that could extend his rule to 20 years. the next election isn't officially for six years but you had tens of thousands of ecstatic supporters flooding the streets around the presidential palace in downtown caracas, pumped their fists in the air and started shouting chavez's name. enrique capriles, he was beat by more than nine points. it will extend a wave of nationalizations and continue his support for left wing allies. we've heard how important this is for cuba, he has billions at his fingertips because of the oil produced there. this is the country we think has the biggest oil reserves in the wor
the song came as a shock. when i got at the record i gave it to my mother-in-law. she said [indiscernible] . >> he was no longer in charge. this man had taken over. it was a moment in pop history , but dealings were mixed in liverpool. part i remember feeling, how long will this last? we all knew this was a big thing. gone.nths later, it's ♪ ♪ >> for a 15-year-old singer it would never be the same again. after this came the madness. >> i'm from liverpool pant i used to sing 60 years ago -- and i used to sing 60 years ago. [indiscernible] it was beatlemania. >> tony barrow was asked to write a press release for the beatles. >> i said, yes. >> the sales, even though it made it to number one locally,. or disappointments >> what happened was people like the fans thinking if we've purchased this single, the beatles will be off to london and we don't want to do that, if we want to keep the beatles right here. >> its a great beginning of the beatles story in pop history, but something special here had come to an end. bbc news, liverpool. >> liverpool's loss was everyone else's gain. let me r
ministry suggesting that the chinese telecommunications companies operate within the law, but they have gained their success through their own commercial competitiveness and that they should not be singled out by u.s. congressional committees for criticism in this way. so it appears the chinese government is already lining up in defense. this is a damning report from an official body singling out two companies by name and suggesting that they simply have not done enough over the course of this investigation to demonstrate that they are free from influence from beijing. >> my understanding is the foreign ministry has done slightly more than just condemn this. have they not said this is the result of some kind of prejudice in america of chinese companies? >> in a sense, that is in the context in which there is a kind of growing focus on the issues of their trade and open access. i think we are beginning to get the sense that china feels, particularly in the run-up to the u.s. presidential election, that it is being unfairly targeted. i think the foreign ministry statement times with some
. a law firm that those entrepreneurs and companies in south florida. welcome to the program. >> thank you. >> let's get this clear now, your business, your law firm works with small businesses and entrepreneurs. >> right. >> they come to you and say, hey, i've got a legal problem, a government problem. that happens. >> all the time. stuart: i want a list, what's are the problems they're running up against or into with the obama administration. >> first, the president doesn't appreciate the entrepreneur. the comments you didn't build it, that goes to the heart of it. let's talk specifics. specifically regulations, obamacare is a big heavy burden that was thrown on the entrepreneurs desk and saying, now comply. but no one read the bill when it was passed, 2000 page plus and now all the regulators are at it writing regulations around that bill. stuart: it doesn't apply to businesses with fewer than 50 employees. >> yeah, but look, small businesses are 50 plus as well and businesses who have 20 or 30 employees want to be 50 plus and that prevents them from being 50 plus. who would want to hir
of america decided to take the money. then they had to go to an equity law firm. this is encouraging to me. i would think this actual bailout is one that says, we are now past, the pig is much further along. you don't want a python swallowing a pig, but it's going to follow it when it is finished. >> words to live by, jim. words to live by. >> i think about that often, actually. >> we just listened to an incredible hour of television on "squawk box" with zell talking about what he's seen in the economy, talking more about corporate i.t. upgrade cycles. here's what zell said not too long ago. >> nobody wants to make commitment to be on tomorrow. we run a company that does a lot of corporate enterprising installations. and one of their triggers is when the enterprise projects start getting delayed, we are heading for a recession. and that's exactly what you're looking at right now. >> when the enterprise project starts getting delayed, we are heading for a recession. that collides with the calls we are seeing regarding cisco right now. jim, channel checks going on? >> cisco, morgan stanley put
, president obama's done a much better job in enforcing the trade laws than we've ever seen before. he's pushed china. he just won three cases. he won a case on pipe to put thousands of people back to work. he won a case of tires that put people back to work. and he just filed one on auto parts. look, mitt romney's talk is cheap. he'll go back to this -- he's working on currency. we're all working on currency. mitt romney will go back to the same paradigm that we had before. signing agreements that are good for wall street but not good for main street. >> even though this tax increase that we're about to see is going to increase taxes for anybody making more than $250,000. >> which tax increases you talking about? >> the fiscal cliff issue as we see the tax cuts expire at year end. >> well, the president said he wants to continue those tax breaks for people earning less than $250,000. it's the republicans that say no, we won't give anybody anything unless the millionaires and billionaires get their tax cut too. they don't need -- they need to pay their fair share. and we -- >> thanks,
in a nutshell was allowing the banks to abuse certain laws in order to put in the books some interesting income actually as dividends. so they were paying less taxes. this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence that the justice system takes its course. note just in a few days, he is expected to take on more responsibilities at his new job which is chairman at italy's oldest and most troubled bank. he will expand his duties so he's being closely watched right now. back to you. >> all right. that's the late he is out of the trial in milan. we'll take a short break. still to come, american golfers feeling a little blue after the european stage an amaz
to democrats after state officials cannot enforce the new voter id law in the presidential election. the ruling expected to appeal to the state supreme court but because we are five weeks from election day, could easily be the final word on that wall. designed to keep minority voters and typically voting democrat away from the polls but republicans argue it is needed to prevent voter fraud. "washington post" calling out the obama campaign saying it is time to retire one of the presidents familiar talking points. >> governor romney believes with even bigger tax cuts for the wealthy and fewer regulations on wall street all of us will prosper. in other words he doubled down on the same trickle-down policy that lets the crisis in the first place. ashley: according to the "washington post" that statement deserves no kill us because it did not cause a financial crisis, several others are to blame including the housing bubble and use of financial derivatives not to mention the president himself extend the bush tax cuts in 2010. republicans a big hit with political donors connected to the nfl. nfl play
for itself. the flagrant violations of law here, the misrepresentations to investors, the representation that they were doing were all a sham. we have internal documents reflecting that. we have substantial evidence. melissa: i think their argument for why that would be in the second statement for this date they acquired over the course of the weekend, this company at the hands of the u.s. company. they feel like they were forced to buy this company at a time the country's financial system was falling a part and in essence, no good deed goes unpunished. that is their argument. how do you respond to that? >> i have high regard for a lot of folks over there. with all due respect, they bought this company with a $29 billion taxpayer loan. if anything, i think the people, and most of america, feel like they were too few strings on the banks failed out by tarp. they know that acquired the assets and liabilities. we would send a terrible precedent if we said, phone, you know what, some people will get busted for material misrepresentation and fraud and some folks will get a pass. we cannot do
of financial industry. the regulation of the financial industry was all-time high. we had three new laws sarbanes-oxley, the patriot act, the privacy act, what we had was misregulation. what caused the financial crisis was the federal reserve in early 2000 trying to avoid a correction, made us all think we were wealthier than we are which caused us to overconsume. that ended up in housing, massive bubble in housing market. dagen: how much has the federal reserve created for the country just four years out, do you think? >> i think it's scary. it may work out, but we're going to be lucky. this really reminds me of the 60s and 70s. the lead time on inflation is long. and people don't realize that. by the way, qe 3 or all these qes are simply the federal reserve printing money. they like to make it obscure but all they are doing is printing money. dagen: thanks to former bb&t ceo john allison. scary is the operative word. connell: but a good interview. we have sir richard branson coming up in the hour, talking about when you should go to school or if you should skip class to start a company
conclusion. >> reporter: the report says huawei in particular may have broken u.s. law and that the committee says it is referring the case to the fbi and the justice department. in a statement huawei says: the report released by the committee today employs many humors and speculations to prove nonexistence accusations. the integrity of huawei's operations and the quality and security of our products are world proven across 140 countries around the world, they are deployed by over 500 operators, and our products have served almost three billion people worldwide. zte has not responded to a request for comment. this report only recommends the government and businesses avoid these companies. to block them requires treasury's committee on foreign investment. treasury has failed to respond to repeated requests for comment there. analysts say the most significant damage to u.s. companies may come to their chinese operations. as that government may seek retaliation for what they perceive as election year slow economy politics. back to you. david: i love their line nonexistent accusations. the accusa
of the world. because people want to believe. people want to believe in the rule of law for business. there was a great hope in many of the same 200 business people would say something and he didn't. and people want to hear something that there are changes of a foot. >> which brings us back to that point and whether we'll get anything more this afternoon. >> well, jim is absolutely right. trading at almost 50% it is count to a country like brazil. there is substantial it is count that is the intrinic rush of russia. one of the steps that the government is taking is to really be more open, more transparent. this event with direct access to the heads of the government and there are also several key ministers joining us. it's a way to try to convince capital that of course there are some concerns, but there is also great opportunity for business in russia. conditions and valuations are extremely attractive compared to other bric countries. >> ricardo, thanks for that. jim, thank you, as well. >> thanks for having me on. >> jim o'neill. as far as european stocks are concerned, after good
regulatory law that president obama signed in 2010. number three is enough who is winning the debate, and number four, big bird. touched off, of course, by mitt romney's pledge to pull federal subsidies for public television. people also wanted to know about the president's health care overhaul known as obama care. as well as the personal stats. and as for romney, his tax cut proposal got lots of hits, as did his bio, and, yet again, big bird. everyone, of course, is talking about the debate. they're also saying that there was a commanding performance by mitt romney. of course, the highlights, the commentary, and the spin, but we'll replay the entire debate from start to finish. we're not talking about talking points. we are talking about the candidates themselves in their own words. if you missed it, if you like to watch it again, decide to see for yourself. here's the first presidential debate between president barack obama and former massachusetts governor mitt romney. >> good evening from the magnus arena at the university of denver in denver, colorado. i welcome you to the first
Search Results 0 to 49 of about 53 (some duplicates have been removed)